Sulfur Hexafluoride Market Worth $309.8 Million By 2025

The global sulfur hexafluoride market size is anticipated to reach USD 309.9 million by 2025, registering a CAGR of 6.0% over the forecast period, according to a new report by Grand View Research, Inc. Growing product demand as an ideal quenching material in distribution voltage switchgear, linear particle accelerators & generators, high voltage circuit breakers, and radar equipment is expected to drive demand.

The market is primarily driven by the growing use of sulfur hexafluoride in Gas Insulated Substation (GlS) equipment designed to contain the gas in sealed pressure systems. Strong tendency to absorb free electrons and highly electronegative nature renders SF6 suitable for switchgears used in high or ultra-high voltage transmission lines.

OSHA and National Institute for Occupational Safety and Health (NIOSH) have categorized sulfur hexafluoride as a harmful element on account of its negative impact on the environment and the human body. The hazardous nature of the product along with high maintenance and handling costs is expected to hamper the product demand.

Companies are actively investing in R&D to develop innovative cost saving manufacturing processes. Companies such as Kanto Denka Kogyo Co., Ltd., Air Products & Chemicals, Inc., and Showa Denko K.K., are investing in the R&D activities in order to come up with environment-friendly manufacturing processes and gain competitive edge in the market.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/sulfur-hexafluoride-sf6-market

Further key findings from the report suggest:

·       Standard grade SF6 was the dominant product segment in 2018 with a percentage share of 85.8% as it is used in the manufacturing of switchgear and circuit breakers for power & energy generation plants

·       UHP grade SF6 was the fastest growing segment with a CAGR of 7.4% from 2019 to 2025 owing to its extensive use in medical surgeries and manufacturing of electrical appliances

·       Power & energy application segment accounted for the largest revenue share and is expected to register a CAGR of 5.9% over the forecast period owing to the increasing use of SF6 in high voltage equipment including transformers, switches, and capacitors

·       Asia Pacific dominated the industry demand in 2018 accounting for 34.3% of the revenue share and is projected to continue its dominance owing to the high demand of the product in electronics manufacturing

·       Key players in the sulfur hexafluoride market include The Linde Group, Solvay S.A.,Air Liquide S.A.,Air Products and Chemicals, Inc., Concorde Specialty Gases, Inc. and Advanced Specialty Gases

Grand View Research has segmented the sulfur hexafluoride market on the basis of product, application and region:

Sulfur Hexafluoride Product Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)

·         Electronic Grade

·         UHP Grade

·         Standard Grade

Sulfur Hexafluoride Application Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)

·         Power & Energy

·         Medical

·         Metal Manufacturing

·         Electronics

·         Others

Sulfur Hexafluoride Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2014 - 2025)

·         North America

o    U.S.

·         Europe

o    Germany

o    UK

·         Asia Pacific

o    China

o    India

o    Japan

·         Central & South America

o    Brazil

·         Middle East and Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Fermented Ingredients Market is Growing at Significant Rate, 2025: Grand View Research Inc.

The global fermented ingredients market size is expected to reach USD 39.0 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.5% over the forecast period. Increasing digestive problems and awareness among consumers about health benefits of fermented products are expected to drive the market in the forecast period. Moreover, usage of fermented ingredients as preservatives by various manufacturers in order to increase the shelf life of various products is expected to propel the demand for the product.

The food and beverage application segment dominated the market and accounted for more than 65.0% share of the overall revenue in 2018. Growing demand for alcoholic beverages such as beer and wine, which are prepared by fermenting wheat, rice, and grapes, is driving the food and beverage industry. Furthermore, increasing consumption of yogurt, cheese, and pickles in various regions is a key factor boosting the industry growth.

Pharmaceuticals is the fastest growing application segment with a CAGR of 9.3% in the forecast period. The ingredients find their major application in the bio-pharma industry, which has witnessed robust growth in the last few years. Bio-pharmaceuticals contributes more than 25.0% share of the overall pharmaceutical industry, thus driving the market in the forecast period.

Vinegar is the most commonly used ingredient for fermentation and it accounted for more than 40.0% share of the overall revenue in 2018. The product finds its major application in household as well as food and beverage industry due to its easy availability and low cost. Cider is likely to be the fastest growing ingredient in the market with a CAGR of 9.2% over the forecast period. Increasing awareness about the benefits and its application in skin care is driving the product segment.

In 2018, Europe accounted for the largest fermented ingredients market share of 35.0% in terms of revenue. High consumption of wine, cheese, and yogurt is a key factor driving the regional market. Asia Pacific is anticipated to be the fastest growing regional market, expanding at a CAGR of 9.6% in the forecast period. Increasing awareness about health benefits and consumption of alcoholic beverage are the prominent factors boosting the regional market growth.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/fermented-ingredients-market

Further key findings from the study suggest:

·       By application, food and beverage is projected to expand at a revenue-based CAGR of 8.6% over the forecast period

·       The vinegar product segment dominates the fermented ingredients market owing to its major application in household as well as food and beverage industry

·       The cider product segment is expected to expand at a CAGR of 9.2% in the forecast period owing to increasing awareness about product benefits and application among consumers.

Grand View Research has segmented the global fermented ingredients market on the basis of application, product, and region:

Fermented Ingredients Application Outlook (Revenue, USD Billion, 2015 - 2025)

·         Food & Beverage

·         Pharmaceuticals

·         Others

Fermented Ingredients Product Outlook (Revenue, USD Billion, 2015 - 2025)

·         Vinegar

·         Cider

·         Others

Fermented Ingredients Regional Outlook (Revenue, USD Billion, 2015 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         MEA

·         CSA

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Octadecanedioic Acid Market is Poised to Exhibit A Moderate 4.0% CAGR through 2024

The global octadecanedioic acid (ODDA) market is anticipated to reach USD 9.4 million by 2024, according to a new report by Grand View Research, Inc. Growing demand for renewable chemicals used to derive high value intermediate & end-use products is expected to support market growth over the coming years.

Traditionally, dibasic or dicarboxylic acids were produced through chemical reactions such as multistep butadiene oxidation which used petrochemical as a raw material. Initiatives undertaken to reduce dependency on petrochemical feedstock led to the development of biotechnological production methods, namely, microbial fermentation and metathesis.

Further expansions & investments in the biotechnological field are anticipated to facilitate commercial scale production of C18 dibasic acid through microbial fermentation. Vegetable oil is used as feedstock while using the biotechnological processes.

Rising ODDA demand from soaps & detergents and organic personal care products is projected to augment market growth over the forecast period. Developing economies such as India, China, South Korea and Japan are slated to emerge as the key end-use markets. Growing application scope in personal care and plastics is expected to augment product demand over the forecast period.

Access Research Report of Octadecanedioic Acid Market @ http://www.grandviewresearch.com/industry-analysis/octadecanedioic-acid-odda-market

Further key findings from the report suggest:

·       Water repellant properties of C18 dicarboxylic acid has found extensive application in cosmetics

·       The application of octadecanedioic acid in coatings, adhesives, sealants, and elastomers (CASE) segment is projected to gain prominence across the world

·       Demand in the polyester polyols segment accounted for approximately 50% of the market volume in 2015

·       Advantages such as improved performance, reduced carbon footprint, and renewable content enable manufacturers to charge a “green premium” on products

·       Commercialization of biobased methods coupled with increasing demand for renewable sources in the lubricants and cosmetics market is anticipated to augment market demand

·       Lubricating oil is projected to occupy the second-largest share on account of increasing use of ODDA as thickener component in grease compositions

·       Rising awareness of ecofriendly products and increasing government initiatives supporting measures towards sustainable environment is expected to propel market demand

·       Volatile price of petrochemical derived products on account of supply-demand imbalances has prompted the shift towards biobased chemicals

·       Elevance Renewable Sciences Inc. has developed its own patented metathesis catalyst technology, which has fortified its hold in the market

·       Key market players include Elevance Renewable Sciences Inc., Croda International Plc., Cathay Industrial Biotech Ltd., TCI America, and BASF SE

Grand View Research has segmented the octadecanedioic acid market on the basis of application and region:

OctadecanedioicAcid Application Outlook (Volume, Kilo Grams; Revenue, USD Thousand, 2014 - 2024)

·         Polyester polyols

·         Cosmetics

·         Powder coatings

·         Lubricating oil

·         Others

OctadecanedioicAcid Regional Outlook (Volume, Kilo Grams; Revenue, USD Thousand, 2014 - 2024)

·         North America

·         Europe

·         Asia Pacific

·         Middle East and Africa

·         Latin America

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Wood Vinegar Market to Witness Tremendous Growth and Expansion by 2025

The global wood vinegar market is expected to reach USD 6.6 million by 2025, growing at a CAGR of 6.7%, according to a new report by Grand View Research, Inc. Increasing support from various governments for adoption of organic farming methods by small-farm holders for improved crop yield is the key factor driving the market growth. In addition, rapid expansion of organic farming in Asia Pacific is expected to boost the market demand further.

Wood vinegar, a natural extract from woods, makes it a better choice in agriculture pesticides category, as compared to animal feed and natural pesticides. The market is mainly driven by its varied uses in agriculture and animal husbandry industry, as it is accepted as a nutrient supplement by farmers and livestock producers, who seek to improve their crop yield by using bio pesticides.

In terms of revenue, agriculture segment accounted as the major application industry in 2016 and is estimated to continue its dominance with a share of 42.6% by 2025, as it is preferred as an organic pesticide and soil fertility enhancer. Globally, various governments and institutions are promoting the use of bio-degradable and non-toxic chemicals in farming. Such initiatives are boosting the growth of its applications in agriculture sector.

The demand for wood vinegar market is expected to surge owing to its increased acceptance from consumers globally. Abundant resources of wood biomass in Asia Pacific region are helping the farmers to produce wood vinegar domestically. In addition, it adds economic value to those farmers who cannot afford premium synthetic chemicals.

Access Research Report of Wood Vinegar Market

Further key findings from the report suggest:

·       Fast pyrolysis method is estimated to experience the fastest growth in terms of value at a CAGR of 6.5% from 2017 to 2025 on account of its ability to increase bio-oil yield, upon increase in temperature. Furthermore, growing innovation from producers of pyrolizers such as mobile pyrolysis plant and large pyrolizers that enhance the production capability is leading to the increased adoption of this method.

·       Agriculture industry emerged as the largest application segment in terms of revenue in 2016 and is estimated to reach USD 2.8 million by 2025. Increase in organic arable land in Asia Pacific and South & Central America region is expected to boost the growth over the years ahead.

·       The U.S. market in terms of revenue is estimated to reach USD 1.05 million by 2025. The market in Asia Pacific is projected to witness substantial growth over the next eight years particularly due to the dominance of established organic farming in Australia and expansion in China and India.

·       Key players including Wood Vinegar Australia, Sort of Coal ApS, VerdiLife LLC, Taiko Pharmaceutical Co., Ltd, Nettenergy B.V. and Applied Gaia Corporation dominated the global market.

Grand View Research has segmented the global wood vinegar market on the basis of Application, Method Type and Region:

Application Outlook (Revenue, USD Million, 2014 - 2025)

·         Agriculture

·         Animal-Feed

·         Food, Medicinal, and Consumer Products

·         Others

Method Type Outlook (Revenue, USD Million, 2014 - 2025)

·         Slow Pyrolysis

·         Intermediate Pyrolysis

·         Fast Pyrolysis

Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         Central & South America

·         Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Probiotics Ingredients Market to Bring In USD 3.56 Billion by End of the Forecast Period

Probiotic Ingredients Market Analysis By Ingredients (Bacteria (Lactobacilli, Bifidobacterium, Streptococcus), Yeast, Spore Formers), By End Use (Human, Animal), Competitive Landscape, And Segment Forecasts, 2018 - 2025

The global probiotics ingredients market is expected to reach USD 3.56 billion by 2025, according to a new report by Grand View Research, Inc. Rising demand for probiotics ingredients in medical sector is projected to fuel the market growth. Growing health concerns coupled with rising digestive disorders owing to unhealthy lifestyle is a key factor expected to influence the market positively. Wide applications of probiotics ingredients in healthcare sector including, medical food with beneficial bacteria, is expected to positively drive the growth of the market over the forecast period.

Health disorders are a result of unhealthy lifestyle such as long working hours, sedentary lifestyle, smoking, poor food habits and alcohol consumption and are expected to influence the industry growth over the forecast period. Probiotics ingredients utilized in the healthcare and medical food industry have to strictly abide by the regulations and standards set by the FDA, an agency within the US Department of Health and Human Services and the European Food Safety Authority (EFSA).

Access Research Report of Probiotics Ingredients Market @ http://www.grandviewresearch.com/industry-analysis/probiotic-ingredients-market

Further key findings from the report suggest:

·       The global probiotics ingredients demand was USD 1.71 billion in 2015 and is estimated to grow at a CAGR of 7.7% from 2016 to 2025

·       Human probiotics sector is anticipated to grow at CAGR of 7.7% from 2016 to 2025 owing to the increasing health concerns among consumers

·       Probiotic dietary supplements segment is estimated to exceed USD 0.43 billion by 2025, owing to its nutritional properties and rising disposable income of the consumers

·       Animal feed probiotics is estimated to grow at a CAGR of 8.0% over the forecast period owing to rising animal husbandry and the significant rise in the demand for animal nutrition in the regions of North America and Europe

·       Product demand in Asia Pacific is expected to grow at a significant rate of 8.2% over the forecast period owing to rising expenditure on medical infrastructure in the region

·       The European region is expected to exceed USD 1 billion by 2025, owing to the growing awareness regarding health issues and their preventive measures

·       Companies such as Biocodex Inc., Chr. Hansen Holding A/S, Danisco A/S, Danone, Ganeden, Sabinsa Corporation and Lallemand Inc. offer raw materials for various industries including, medical food, healthcare, nutritional foods and supplements

Grand View Research has segmented the probiotics ingredients market on the basis of ingredients, bacteria, end-use, application, and region:

Probiotics Ingredients, Ingredient Outlook (Revenue, USD Million, 2014 - 2025)

·         Bacteria

·         Yeast

·         Spore formers

Probiotics Ingredients, Bacteria Outlook (Revenue, USD Million, 2014 - 2025)

·         Lactobacilli

·         Bifidobacterium

·         Streptococcus

Probiotics Ingredients, Application Outlook (Revenue, USD Million, 2014 - 2025)

·         Probiotic food & beverages

·         Probiotic dietary supplements

·         Animal feed probiotics

Probiotics Ingredients, End Use Outlook (Revenue, USD Million, 2014 - 2025)

·         Human probiotics

·         Animal probiotics

Probiotics Ingredients, Regional Outlook (Revenue, USD Million, 2014 - 2025)

·         North America

·         Europe

·         Asia Pacific

·         CSA

·         MEA

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.